Wedge

Is FTMUSDT About to Make a Major Move?Yello Paradisers! Are you ready for what could be a significant bullish move on FTMUSDT? Let’s dive into the chart and break it down. 💎FTMUSDT has been following a descending channel and recently formed an inverse head and shoulders pattern, which increases the probability of a bullish breakout. 💎If FTMUSDT breaks out and closes a candle above the resistance zone, this will validate both the inverse head and shoulders pattern and the descending channel, giving us a stronger confirmation of a p

by MyCryptoParadise_Nathan

Wabag : VCP + at all major Ema support In daily timeframe it is making higher lows and about to break the horizontal resistance after absorbing all the sell volume

Mishtann Foods - Falling Wedge Breakout - Ascending Channel Mishtann Foods has recently broken out of a Falling Wedge pattern on Daily Timeframe, as shown in the Chart. The stock has also been moving in an Ascending Channel on Weekly timeframe and has recently taken support at the bottom of the channel and bounced from there. Support at the bottom of the Channel has been tested 3 times, as shown in the image. Looking good to me. What are your thoughts? Disclaimer: This analysis is for educational purposes and should not be considered financial a

by gurinder1988

CRUDEOIL TRADE SET-UP, 6TH SEPTEMBER MCX:CRUDEOIL1! Good to short below 6440. (Wait for 5mint candle to close below 6440) Targets :- Level 1, 6370 Level 2, 6340 Level 3, 6300 Achievable targets are mentioned in chart as well 👉🏻thetradeforecast 🇮🇳

by thetradeforecast

And the SLUGGISHNESS continues..As we can see BANKNIFTY remained sideways after opening weak but didn't let itself fall further making 51250 the final SUPPORT. our view had been negative following the structure of falling wedge despite BANKNIFTY showing strength in short term. HENCE as soon as BANKNIFTY breaches 51250 level and sustains below, we may see a sharp directional fall so plan your trades accordingly.

And the SLUGGISHNESS continues..As we can see BANKNIFTY remained sideways after opening weak but didn't let itself fall further making 51250 the final SUPPORT. our view had been negative following the structure of falling wedge despite BANKNIFTY showing strength in short term. HENCE as soon as BANKNIFTY breaches 51250 level and sustains below, we may see a sharp directional fall so plan your trades accordingly.

AsianPaints | Wyckoff Events & Phases Explained !!Wyckoff developed a price action market theory which is still a leading principle in today's trading practice. The Wyckoff method states that the price cycle of a traded instrument consists of 4 stages – Accumulation, Markup, Distribution, and MarkDown. 👉TEXTBOOK EXAMPLE Accumulation Schematic: Wyckoff Events and Phases Price Action Analysis And this is the accumulation stage - 1) PS— Preliminary Support, where substantial buying begins to provide pronounced support after a continued dow

by ReviveTraders

EURJPY SHORT Entry: 🎯 Target: ⛔ Stop Loss: (MARKED IN CHART) 💡 RISK REWARD 1 : 6 💰 Risk 1% of your trading capital. ⚠️ Markets can be unpredictable; research before trading.Disclaimer: This trade idea is based on Elliott Wave analysis and is for informational purposes only. Trading involves risks; seek professional advice before making any financial decisions.Informational onLY !!!

by Greenfireforex

BankNifty ( Elliott Wave) - Will 51700+ Be The Short Term Top Disclaimer: This is not a solicitation to buy or sell any financial instruments. Please consult your financial advisor. Explore the latest Bank Nifty analysis with WaveTalks. Will 51700+ be the short-term top? Discover insights and potential market moves as we decode the whispers of the market. Stay informed with WaveTalks - Market Whispers! Let's Jump In ... As discussed in the last idea published on 29th August, it was suggested that holding the 50938 / 50939 critical level, Inde

BITCOIN: Bearish - Double TOP + Rising Wedge BITCOIN: Bearish – Double TOP + Rising Wedge The market could go back down to around $58 000. In addition, detection of a possible double top on Bitcoin which would bring the price down to around $48 000 Watch for the 50 and 200 exponential moving averages, as well as the Ichimoku levels, and RSI. be careful

by Le-Loup-de-Zurich

FinNifty weekly expiry analysis for 03/09/2024.Finnifty has been trading in a rising wedge pattern and is trading around the resistance zone of 23800. For a while the market is being good for option seller and hitting option buyer hard. If the trend changes and market starts trading below 23680, a bearish trade can be entered with previous supports as targets. In case the market give a break out of the resistance zone above, a small quantity trade can be initiated. Major support zone is around 23280 and a quality bearish trade can be ente

by TheMamboMomentum

Reliance has good rising pattern with consolidation at 3k Reliance looks like good consolidation at 3000 round levels. It can rise to ATH soon. Immidiate target is 3300. And according to fibo extension it can reach to achieve further targets till 3640. Please follow the above targets as per the chart. It will again become weak below 3000 levels. Keep this in mind. Options is a dangerous instrument to play. Please do not go wild on anything unless you know exactly what you doing. Even though your direction is right still you tend to loose in option bu

HAPPSTMNDS - Falling Wedge Pattern Formation 🔊 HAPPSTMNDS - Falling Wedge Pattern Formation HAPPSTMNDS - HAPPIEST MINDS TECHNO LTD ⌛Duration - Long Term (1 year to 2 years) 📊📈 Trade Logic - Falling Wedge Pattern Formation CMP - ₹ 813 Time Frame - Weekly 🎯Target 1 : ₹940 🎯Target 2 : ₹1050 🎯Target 3 : ₹1160 🎯Target 4 : ₹1260 🛑 Stop : ₹735 🏆 Risk/Reward Ratio (1: 7) * Stock hit ATH of ₹1580 on 12th July 2021 * After sharp fall from july 2021 to June 2022, stock goes into consolidation mode without any significant price change. * Sto

by Profit_Trader25

CIPLA -Rising wedge Breakout CIPLA-Rising -Rising wedge Breakout Name - CIPLA Pattern - Rising wedge Status - BreakOut with good volume Cmp - 1654 Target - 1850 SL - 1600 Pattern A rising wedge pattern is a technical analysis tool that often signals a potential bearish reversal. It forms when the price of an asset is moving upward, but the trendlines converge, indicating a loss of momentum. When the price breaks below the lower trendline, it typically suggests a downward move. Fundamentals : H

by DailyCharts03

A Crucial Point in Railway Sector A very crucial point in the Railway sector as all the railway stocks making almost similar patterns i.e. 3-TP-Bearish Pattern. Let's hope the pattern breaks and we get another rally.

by JSwingTrades

Bank of Baroda breakout CMP 253 Target 260/270/280 Sl 245 Wait for breaking 251 This is my personal analyst .

DRREDDY - PRICE REENTERING RISING WEDGE CHANNEL Hi All, This idea is about Dr Reddys Lab Fundamentals Mkt Cap - 106810 Cr Stock PE - 19.2 ROE - 21% ROCE - 27% Mkt Cap/Sales - 3.8 OPM - 28% Technicals Price was pushed back to follow the rising wedge pattern & if it sustains above the marked (white line) resistance, can further show an upside of 8-10% to reach the upper channel of rising wedge Happy Trading, Thanks, Stock-n-Shine

by Stock-n-Shine

TATATECH LTD. TIME FOR REVERSAL ?NSE:TATATECH Incorporated in 1994, Tata Technologies Limited is a global engineering services company offering Product Development and Digital Solutions. Technical Analysis:- The Simple price action shows a reduction in the strength of bears cause the last 3-4 swing lows failed to form a strong significant lower low. this action formed a falling wedge structure and this pattern is bullish. If you combine the RSI readings there is a bullish divergence forming which adds up to a confluence

by SANJAYPATIDAR_

BankNifty - Is this An Ending Diagonal at Tops 51404 WaveTalks ...Market Whispers! ...Can You Hear Them? Disclaimer: This commentary is not a solicitation to buy or sell. Please consult your financial advisor As discussed this morning......catching the wave 4 bottoms & watching 5 unfolding in back to back ups & downs with a minor halt at 51251 have we unfolded an ending diagonal at the tops of 51404 Wave 4 Bottoms this morning close to 51000 as discussed Wave 5 - Is this an ending diagonal unfolded at the current high of 51404

BANKNIFTY IMPORTANT LEVELS FOR TOMORROW, 28TH AUGUST NSE:BANKNIFTY ANALYSIS FOR TOMORROW 🔺 ❇️ IMPORTANT LEVELS 🚀 ❇️ Support: 51180-51020-50900-50780. ❇️ Resistance : 51290-51400-51560. 👉🏻 PURPLE LINE : 51180 is a key level, above buying, Below selling. 👉🏻 @thetradeforecast 🇮🇳

by thetradeforecast

TATA TECHNOLOGIES LTD FALLING WEDGE BREAKOUT Tata Technologies Limited It has shown Termendous breakout with 3 weekly higher high closing candles which will lead to two big green candles in short term- for a target of 1400. Then it will consolidate before starting next leg of run- For target second that is of 1830.

by KEDAR_STOCKS

#INFOSYS - BREAKOUT RETEST Buy on CMP - 1385 Sloplose - Weekly closing below 1350 Target 1- 1610 Target 2- 1900

YATHARTH 𝗦𝘁𝗼𝗰𝗸𝘀 𝘁𝗵𝗮𝘁 𝗜 𝘄𝗼𝘂𝗹𝗱 𝘁𝗿𝗮𝗰𝗸 𝗶𝗻 𝘁𝗵𝗲 𝗰𝗼𝗺𝗶𝗻𝗴 𝘄𝗲𝗲𝗸 ⬇️ 1. YATHARTH

by TradingBanker

Falling Wedge Pattern And BreakOut.As we Know After a Falling Wedge Pattern Formation, Bullish Trend Continues. It Has Broken Above its Resistance Trend Line, Now We can Assume here that there are Higher Possibilities of this stock Continuing it's Uptrend.

by Trading_Mentor_Amaan